Tag Archives: ICO

Monster Byte Inc. owns a suite of long standing and profitable gambling websites that have been custom-built with proprietary technology owned by Monster Byte. Monster Byte is looking to raise additional funds to not only enhance their current consumer’s sites but also begin to resell their intellectual property and enter the B2B iGaming space.

[Note: This is a press release.]

This ICO is unique because the company has been generating revenue, adding users and enhancing its products since 2013. Instead of wondering if you are buying vaporware with the ICO you have a chance to share in the growth and profits of an established company.

From Sports Betting to Provably Fair Games

Monster Byte owns and operates Peerbet.org, Bit777.com, and BitcoinRush.io. Bitcoin Rush offers sports betting and a provably fair casino all custom built and originally founded as “casinobitco.in” in 2013.The sportsbook currently offers highly competitive odds and a daily cashback system that is not available at any other bitcoin sportsbook. Peerbet was established in 2012 and offers 1% edge dice games and an on-site exchange for various cryptocurrencies. Finally, Bit777 was acquired by Monster Byte in 2014 from UltraPlay LTD and is a flash based casino with 49 different games.

The sportsbook currently offers highly competitive odds and a daily cashback system that is not available at any other bitcoin sportsbook. Peerbet was established in 2012 and offers 1% edge dice games and an on-site exchange for various cryptocurrencies. Finally, Bit777 was acquired by Monster Byte in 2014 from UltraPlay LTD and is a flash based casino with 49 different games.

What will the ICO Funds be Used For?

First and foremost, Monster Byte is hiring several functions, including additional developers, and community managers.

The BitcoinRush.io sportsbook will be updated with a new UI/UX model and implement a system that earns between 2-4% per bet regardless if the player wins or loses.

Peerbet.org will be relaunched with a new modern design that will be responsive for tablet and mobile device play.

BitcoinRush.io will start accepting more coins including Waves, Ethereum, Litecoin, Dash, and others in time for the next NFL season in September.

B2B syndication of its games and API access to both traditional fiat and cryptocurrency gaming portals. The new line of business will supplement existing revenue streams.

Telegram messenger betting support. People will be able to place bets from their telegram app.

What do Token Holders Get?

Monster Byte Token will be issued exclusively on the Waves Platform due to the ability to easily trade tokens against other assets and cryptocurrencies all within the DEX, a very liquid decentralized exchange in the Waves LiteApp Wallet.

On a quarterly basis, all Monster Byte token holders are entitled to their share of the collective profit (revenue – expenses) of Monster Byte. Dividends will be paid in bitcoin, and detailed quarterly reports will be published to provide full transparency on all operations. A dedicated Slack channel will also be created to follow the day-to-day operations and development progress with the team itself.

When is the Monster Byte ICO? I Want in NOW!

The ICO pre-sale will begin on July 3rd, 2017 at 16:00 UTC, and extend until July 8th 16:00 UTC or whenever the pre-sale is sold out, whichever occurs first. During the pre-sale, 2,500,000 Monster Byte tokens will be sold at $0.08 USD, a 31.5% discount over the general sale. The general sale will open at July 8th at 16:00, and 7,500,000 Monster Byte tokens will then be sold at $0.11 USD.

Is There a Cap?

Yes, in total, Monster Byte anticipates raising $1,025,000 USD which gives Monster Byte a $4.4M post-money valuation. They chose not to have an open cap as savvy investors should know exactly what they are buying into, with a well-defined capitalization model.

A Unique Opportunity

This is your chance to invest in one of the fastest growing industries. Sports betting and online gambling is one of the best use cases for cryptocurrencies. Currently, online gambling as a whole is a $46 Billion/year market. Depending on estimates, that figure is expected to reach $50 Billion/year by 2019. At the same time, due the benefits of both the player and operator, cryptocurrency gambling is going to ‘eat into’ this market gradually year over year.

Based on Monster Byte’s solid reputation and long-standing history in this young niche market, as well as their expansion into B2B operations this is an ICO that is sure to go quickly.

Visit our website and sign up for our newsletter to get the latest updates on the ICO and presale. You can also connect with us on Slack and on BitcoinTalk.

[Disclaimer: Bitcoinist accepts money to publish press releases in the dedicated PR section. However, we do not endorse and cannot guarantee any claims contained in these press releases. We advise our readers to always do their due diligence before sending any money to companies and services, particularly those who guarantee profits. Remember, if it sounds too good to be true, it probably is.]

iDice, the company behind the world’s first, has raised 7400 ETH ($2.4 million USD) in a span of less than 2 weeks, becoming the most successful gaming ICO in Ethereum history. The iDice ICO is currently live with only 2 more days left in the crowdsale. Holders of iDice tokens will be entitled to a portion of iDice’s total profits.

[Note: This is a press release.]

Jordan Wong, Founder and CEO of iDice commented:

People can see the potential of iDice in the future. We’re bringing Ethereum Gaming to mobile devices across the world, something that nobody has ever done before. It’s obvious that mobile betting is going to be big, and we’re going to dominate this market.

The iDice team has released a developer update of their upcoming mobile app, scheduled to launch late Q3 of this year. iDice token holders will have the right to claim a portion of the total profits from both desktop and mobile platforms. This includes any profits from future games such as poker, roulette, slots, and blackjack.

iDice has become the fastest growing gambling platform to date. The iDice beta has gotten over 2000 bets and paid out over 1600 ETH ($500k USD) – all within its first 3 months. Ethereum Gambling experts have predicted that iDice will beat its competitors vDice, Etheroll, and Edgeless Casino in the mobile gambling segment.

iDice seems to have the odds in its favor. The global online gambling industry is currently worth $47 Billion USD, with mobile traffic rapidly on the rise. Ethereum, which iDice uses, is also growing at a great pace, meaning that it will take an increasingly bigger part of the mobile online gambling industry; Ether is already popular among players. These two factors combine make iDice the king of a huge kingdom, whose vast territory and borders have not been fully explored yet.

To join the iDice ICO, sign up at their crowdsale page: https://crowdsale.idice.io. The ICO ends this week on June 26, UTC 0:00, so time is quickly running out. The iDice team has already made contact with exchanges, and the project is likely to see even more popularity after they’re listed. Similar projects in the past such as vDice have seen their tokens shoot up 30x in value this year. Investors believe that iDice will likely be no different.

[Disclaimer: Bitcoinist accepts money to publish press releases in the dedicated PR section. However, we do not endorse and cannot guarantee any claims contained in these press releases. We advise our readers to always do their due diligence before sending any money to companies and services, particularly those who guarantee profits. Remember, if it sounds too good to be true, it probably is.]

CryptoPing is an Instant Message bot for cryptocurrency traders, compiling information from exchanges and presenting it to the user in the form of comprehensive signals.

[Note: This is a sponsored article]

Navigating the Cryptosphere

The recent cryptocurrency rally has taken crypto to unexplored heights, amassing a global market cap of over 100 billion and gaining new users worldwide. However, it has also created a FOMO (Fear Of Missing Out) environment where inexperienced traders can lose fortunes in weeks due to rushed decisions based on no substantial research whatsoever.

In a market like this, experienced traders profit greatly from past experience, while entrant users must resort to information hubs. However, quality trading and analysis tools and info are not in abundance in cryptocurrency world, which means that users may be lead to make decisions based on incorrect information.

CryptoPing is an Instant Message bot for cryptocurrency traders. Taking the form of an ordinary chat room, it compiles information from exchanges and presents it to the user in the form of signals, who can then choose to act upon it. The CryptoPing bot clears the overwhelming noise in the cryptosphere and prevents you with the most relevant movements in the market in due time.

Showcasing the need for quality tools in the field, CryptoPing’s ongoing crowdfunding campaign has already raised 65% of the initially expected funds. The CryptoPing IM bot has more than 25,000 active users, with more 500 new daily registrations, currently awaiting the launch of the subscription-based services and social sharing.

CryptoPing: Enhance Your Trading System

The information provided by CryptoPing is based on the trading volume, price movements, change to coin rate to BTC, cryptocurrency market capitalization, and more. This information will be compiled in a manner that quickly tells the user what altcoins he can buy and why, showing the relevant market movements.

Although CryptoPing can be used to enhance your trading skills, allowing you to quickly scope out the market in four different cryptocurrency exchanges and to place your orders based on the provided info, all of your purchases should be accompanied by extensive research. This system allows you to know all relevant information about the investment you’re making and not just the price/volume movements, which can be deceptive.

In the future, CryptoPing’s roadmap includes social trading, an investing app, news and social feeds monitoring, neural network for markets and auto-investing app and more

The PING Token & ICO

In order to fund the development of the CryptoPing project, an Initial Coin Offering (ICO) Campaign is currently taking place, allowing users to exchange Bitcoin in exchange for PING tokens, a crypto-based asset issued on the Waves Platform. The ICO has gathered over 377 BTC so far, with four more days left until the end of the campaign.

The PING token is used as a payment method for the CryptoPing subscription model. Most of the PING tokens used for payments will be burnt for the first six months, which allows the total supply of 10 million to decrease.

So far, CryptoPing has been able to gather 65% of the expected funds. With over 2202 investors worldwide, CryptoPing will be able to deliver a globally accessible product that can be used by anyone that has access to an IM app like Telegram or Slack.

Can CryptoPing become a standard tool for experienced and novice traders alike? Share your opinion below!

Crypviser is building a blockchain-based all-in-one network for secure social and business communications. ICO is currently ongoing.

Improving on Privacy with Blockchain Technology

In today’s Orwellian society, privacy has become a rare and valuable asset that some go to great lengths to protect while others simply throw it away in exchange for convenience. As technology evolves, however, so does access to privacy-oriented tools and their underlying technology.

Blockchain tech has gone a long way in the realm of financial privacy, now Crypviser wants to build upon it and extend its use onto end-to-end message encryption by providing a blockchain-based all-in-one network for secure social and business communications. The project is currently undergoing a crowdfunding campaign that will help fund the development of this network.

A unified and secure instant communication network, Crypviser provides real end-to-end encryption and unique blockchain based authentication, the latter of which allows users to truly identify and confirm each other’s identity through the user of private and public keys.

The end result is a secure and private messenger which will also feature its CVCPay system, allowing users to send funds to each other anonymously.

Crypviser ICO & CVCoin

In order to fund the development and marketing of Crypviser’s network, a crowdfunding campaign is currently taking place. Taking the form of an Initial Coin Offering (ICO), the Crypviser’s funding stage ill last until June 30, 2017, during which time investors can buy the CVCoin, the underlying token in the Crypviser’s platform.

The CVCoin is required in order to interact with the Crypviser platform and to cover its transaction fees. Transactions are required to authorize and identify the users’ access to public encryption keys, ensuring that messages cannot be forged nor can they be decrypted.

So far, the Crypviser ICO has managed to gather over $900,000. These funds will be used to cover mobile, backend, and infrastructure costs as well as licensing fees, legal services, operational costs, and of course, marketing.

The Initial Coin Offering is currently ongoing and will last until the 30th of June. Users can invest in the Crypviser ICO using Bitcoin, Ethereum, and even USD. Most recently, support for the TIME token was also added. 15 million CVCcoins will be distributed, along with special benefits such as free subscriptions, access to special features, free access to the CVPay system, and more.

Can Blockchain technology help the internet regain its privacy? CanCrypviserbecome the merged solution we need for financial privacy and message encryption?

NEM is currently one of the fastest expanding distributed ledger technology platforms in the cryptocurrency space. In the recent days, NEM’s cryptocurrency XEM has seen a meteoric rise in value as it displaced Litecoin as the 4th Largest altcoin, in market capitalization last week.

The recent growth spike has been attributed to the NEM’s recent partnership withEcoBit, a green projectsupported by the Kelantan State Government in Malaysia.

The recent increase in demand and valuation for the out-of-the-box solution and it’s XEM tokens began earlier in the year with the announcement of the collaboration with EcoBit Project and its Blockchain card on social media site Twitter. EcoBit Blockchain card is a pioneering technology that sees the first ever implementation of Blockchain technology on a smart card, which harnesses NEM technology to enable the transactions of EcoBits tokens.

A leadingSpanish cryptocurrency news siterecently analyzed the direct correlation between EcoBit events and XEM price spikes, concluding the collaboration has a massively beneficial effect on the consensus in the cryptocurrency community.

Showing a super bullish upward trend line, corresponding with EcoBit events, the graph displayed a 154% increase in NEM prices from $0.0037 to $0.0094, between January and March 11, 2017, in unison with phase two launch of the EcoBit project.

Fast forward a month, and XEM saw another significant surge in price and market capitalization, reaching $0.0247 per token. Within this time frame, XEM saw its value rise in value by an entire decimal point, as EcoBit launched its website and ICO. A month later and XEM recorded yet another decimal point shift to reach $0.1276 (as on May 14, 2017).

Following theEcoBit ICO, and its green initiative, the company has gained more popularity among community members, especially Japan, where artists have created EcoBit fan-art.

What is EcoBit?

EcoBit is a green and sustainable lifestyle movement, developed in partnership with the Kelantan State Government in Malaysia. Having already raised over $1 million during the first 10 days of ICO, the EcoBit project focuses on many environmental initiatives that will be financed through the company’s ongoing ICO.

With NEM blockchain technology, the company creates a public supply chain for all produce created through its green projects on Carey Island. Through blockchain implementation, EcoBit focuses on transparency, immutability, and accountability, ensuring that people know exactly what they are buying, where it is coming from and under what ethical circumstances.

The use of self-sustaining NEM blockchain-based smart contracts enables projects to manage and monetize natural resources to reduce carbon emissions ethically. It also creates a transparent, immutable digital supply chain ledger that allows anyone to track and monitor the carbon credits/impact, project’s yields (agricultural produce) and the movement of products from the origin to supermarket shelves.

Through the ledger, consumers can be assured of the organic nature and ethical handling of food produce. The recently introduced EcoBit Blockchain Card can be used by members to “earn” EcoBit tokens via recycling program and “pay” merchants for their goods and services.

The People’s Bank of China is turning its attention Initial Coin Offerings (ICO), seeking to regulate the new form of crowdfunding.

China to Regulate ICOs

Although cryptocurrency withdrawals are back on the big three Chinese exchanges, the People’s Bank of China (PBoC) isn’t quite through with the cryptoworld. Now it seems like it’s going after Initial Coin Offerings (ICOs), seeking to regulate the new phenomena in the crowdfunding world.

Chinese publication Weixin reports that Yao Qian, head of Digital Currency Research Institute at PBoC, has stated that the PBoC will soon regulate ICOs.

Yao Qian, head of Digital Currency Research Institute at PBoC: Bitcoin does not fulfil the criteria of a currency; will soon regulate ICOs

Initial Coin Offerings or ICOs are a way to fund projects or companies crowdfunding methods. This typically includes selling project tokens for fiat currency, Bitcoin, Ethereum, and other popular cryptocurrencies. These tokens are usually required in order to use the platform or they can also represent equity through a dividend or buy-back program.

Current ICO Landscape

The news comes at a time where ICOs are extremely popular, gathering millions of dollars every week and amassing higher and higher market caps.

Most recently, the Basic Attention Token (BAT) ICO, gathered $30million in a matter of seconds, while the Aragon project gathered $20million in roughly 15 minutes. The MobileGo ICO gathered over $53 million in the course of its month-long ICO.

While most ICOs currently take place through the use of the Ethereum network, other projects are also getting in on the action, as is the case of the Waves Platform, Wings DAO, and Ethereum Classic.

Although some of these crowdfunding campaigns have had exorbitant returns for investors, many members of the community are alsoraising questionsabout the validity of some of these projects and if they are really worth tens of millions of dollars before having even built their project/platform or an MVP (minimum viable product).

Regulatory Clarity Could Boost Industry

Although the moratorium on cryptocurrency withdrawals has come to an end, the PBoC has stated that they are not yet done with Bitcoin exchanges. Now, Bitcoin miners in the country are starting to shut down their operations in fear of future regulatory pressure like the one applied to exchanges.

Some Bitcoin miners in the Szechuan province, a place with cheaper electricity prices due to abundant hydropower resources, have decided to shut down in fear of regulation. One miner told YiCai Global:

The price is so high at the moment. Shutting down costs mine owners hundreds of thousands of yuan every day.

In China, the pressure from the PBoC has resulted in a weakened Bitcoin market, strict KYC policies and may now also affect mining and ICOs as well. However, regulation can also be helpful. In Japan, the new regulatory framework built around cryptocurrencies has allowed their popularity to grow in the country.

Can the new stance on Initial Coin Offerings by the PBoC change the ICO landscape?

MobileGo has gathered over $26 million dollars making it the second most successful crowd sale in the cryptosphere, and the fourth in theworld.

[Note: This is a sponsored article]

MobileGo Raises Over $26 Million & Counting

Initial Coin Offerings (ICOs) are changing the way projects are being crowdfunded, creating a new generation blockchain-based tokens like appcoins and assets. Although ICOs started with Mastercoin’s relatively modest sum of roughly 500,000 USD, they are now taking new proportions.

As time passes by, it seems that investors are becoming less wary when it comes to investing in blockchain-based crowdfunds. Now, it is not uncommon for ICOs to gather millions on their first day (or minutes) and that’s exactly what MobileGo, one of the largest crowdfunding campaigns in history, has done.

Kicking its ICO off with 4 million dollars on the first day, MobileGo has attracted over $26 million (or 6,800 BTC) so far, making it one of the most successful ICOs ever, second only to the DAO, and the fourth most successful crowdfunding project in the whole world. And the ICO isn’t even over yet, with five days left until the end.

Hosted by GameCredits Inc., the MobileGo ICO allows users to exchange several established cryptocurrencies like Bitcoin, Ethereum, Waves, GAME, and others in exchange for MobileGo (MGO) tokens, which will bring several benefits to its holders and help shape the environment of the GameCredit’s Moblie Store, a platform for mobile games with over 300 games by 150 different developers.

ICOs: Hype or New Paradigm?

The MobileGo ICO will not only help fund the Gamecredit’s Mobile Store marketing and branding efforts, but it will also gamify the platform through the use of Ethereum-based smart contract, allowing users to compete among themselves in a decentralized manner and to earn rewards and reputation while doing so.

The MobileGo token features some of the latest trends in the blockchain space such as dual-blockchain capabilities and a buyback program that will see the token supply decrease over time. The dual-blockchain functionality allows users to transfer tokens between the Ethereum and Waves blockchains through the use of BlockSwap technology.

However, the main aspect of these tokens are not their technical characteristics per se, but rather the function they serve within the platform. Although the GameCredit’s Mobile Store already features its own cryptocurrency, GAME, Ivica Simatovic, CEO at GameCredits Inc, explained to Bitcoinist why a second token is necessary.

He said:

The MobileGO token will be used to provide many important features to Gamecredits Store based on smart contracts. In this store there will be 2 tokens: 1 for processing (Gamecredits) and another for tournaments, betting, virtual market place (MGO).

Not only that, but MobileGo will also reward customers with discounts, free entrance to VIP tournaments and access to private game beta stages.

“This store will be a unique and special place for gamers where they will receive services they can not find in other places,” adds Simatovic.

Money is Pouring into Crypto

Although ICOs are not new, they are certainly one of the new crazes in the world of investment. Not only has the global cryptocurrency market cap doubled in size in May alone, millions and millions of dollars kept flowing into ICOs like MobileGo, Gnosis, Aragon,etc. with many more in the pipeline.

Although some have concerns regarding Initial Coin Offerings and the lack of regulation or guidelines, ICOs are providing new ways for entrepreneurs to get their projects off the ground, which wouldn’t be nearly as easy through banks and VC firms.

While undoubtedly uncharted territory, ICO are shaping the future of technology allowing developers to experiment with blockchain technology at will and to build decentralized and trustless applications, which were not possible before.

What’s your take on the current ICOs trend? Share your thoughts below!

The best thing I can do is lead by example… Over time, I actually feel that some of these tokens are going to improve the world, and I want to make sure those tokens get promoted as well. I think Tezos is one of those tokens.

Tezos is a grassroots project by husband and wife trader team Kathleen and Arthur Breitman developed over the past three years.

It takes what it calls a “fundamentally different approach” to networks such as Bitcoin and Ethereum “by creating governance rules for stakeholders to approve of protocol upgrades that are then automatically deployed on the network.”

Tezos The New Ethereum Classic?

This added self-governance is a clear point of interest for Draper, whose ability to invest in ‘exotic’ ICOs without alienating investors makes him a rare player.

“I think most investor contracts did not anticipate something like an ICO… But we did anticipate that certain things are going to happen and finance is going to be transformed,” he continued.

With the crowdsale due to commence May 22, Tezos is following in the footsteps of a raft of crypto ICOs completed in Q1 2017. Many of these gathered huge funds – millions of dollars in as little as 15 minutes – but were not without their teething problems.

Both businesses put out official literature denying any wrongdoing, and investors appeared unshaken, both ICOs being completed and raising considerable sums.

With Draper as a backer, the community will no doubt be eager to get on board this latest offering, in much the same way as Ethereum Classic gained in value considerably following Barry Silbert’s launch of a dedicated private fund.

Tezos’ token sale will run for two weeks and will not include a token cap.

“What we’re going to do is allow as many people who want to buy into the crowdsale over a two-week period,” Kathleen Breitman confirmed.

What do you think about Tim Draper backing the Tezos ICO? Let us know in the comments below!

Augmentors, the game that won the approval of Shark Tank South Africa has announced the launch of its ICO. The one-month long offering that kicked off on January 30, 2017, had a great start, raising over 250 BTCs in less than 6 hours.

[This is a press release]

Created byMichael Deon, Augmentors is the first ever blockchain-based augmented reality game to be developed. The game’s blockchain is powered by DataBits crypto tokens (DTB), which is now available on a crowd sale. TheDataBits ICOis running alongside an ongoing Bounty program that went live on January 23, 2017. The early bird participants, on day one of the ICO received a 20% bonus.

Through the on-going ICO, Augmentors looks forward to raising the required $1 million for complete game development. Currently, the game is offering DataBits at a ratio of 15000 DTB:1 BTC which will be reduced by 1000 at regular 5-day intervals. All the funds raised during the ICO, irrespective of whether it reaches $1 million or not will be immediately put to use for the game development purpose. The platform expects to have an Alpha release ready and available on Google Play Store and Apple App Store by the end of May 2017. The game’s beta version and other upgrades will follow soon.

Augmentors offers a unique gaming experience to its players. The 3D modeled augmented reality fantasy game has 50 rare creatures (Augmentors). These creatures have their own distinct moves, spells, and attacks. The well-crafted storyline includes a history and backstory for each Augmentor which can be trained, traded and swapped between players.

Augmentors’ potential as a blockchain-based augmented reality game has received the recognition of Vinny Lingham, a Silicon Valley entrepreneur associated Civic, a blockchain startup. Vinny and Gil Oved (the Group co-CEO of The Creative Counsel ad agency) have already made a small investment in the game.

Even before the ICO, Augmentors had organized a pre-sale for its DataBits tokens. It was open for the backers of another blockchain based game, Spells of Genesis. A total of 45.2 BTCs were raised during the pre-sale.

Augmentors’ DataBits tokens can also be earned by taking part in the Bounty program. The bounty program has a list of milestones and those completing these milestones will become eligible to claim a certain number of DataBits. The share of DataBits received by the participants depends upon the structure and DataBits allocation of each campaign. The allocated DataBits for each campaign is shared among everyone participating in that particular campaign.

The bounty distribution calculation involves dividing the total number of stakes each participant accumulates by the total number of stakes accumulated in each section. The resulting value is then multiplied by the total number of tokens allocation to each bounty campaign. The result will determine theshare of each participant.

Augmentors has set out to create a whole new gaming experience where players can own and trade the characters and game elements. The augmented reality part makes it even more exciting. Those interested in becoming part of this new game revolution can do so by joining the ICO or by participating in the bounty campaign.